Blake, age 72, is required to take substantial required minimum distributions (RMDs) from his qualified retirement plan. He has no current need for the cash and has established traditional IRAs with his children as beneficiaries and wishes to deposit the distributions in equal amounts to each IRA within 60 days of the distributions to eventually benefit his children. Which of the following statements regarding Blake's rollover of the RMDs is CORRECT?

	Because Blake is over age 70, he may not roll over the RMDs to a traditional IRA, but he may roll over the RMDs to a Roth IRA
	Required minimum distributions may not be rolled over, but Blake may make equivalent contributions within 60 days of his RMD to the traditional IRAs
	A good plan is for Blake to roll over the distribution within 60 days after receipt
	Required minimum distributions may not be rolled over